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1f9f5 2On Tuesday (7 February 2023), Binance Research, the research division of Binance, the largest cryptocurrency exchange by trading volume, delved into the topic of Bitcoin NFTs. In a Twitter thread posted earlier today, Binance Research said that traditionally, the Bitcoin blockchain was only used for payment transactions, but recently a new protocol known as the Ordinals protocol has emerged, introducing on-chain, Bitcoin-native NFTs. Before the advent of Ordinals, those seeking NFTs would have to turn to smart-contract platforms like BNB Chain or Ethereum. The Ordinals protocol, however,” creates unique digital artifacts that can be held and transferred across the Bitcoin

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Author: NixCoin

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